Key Guarantees Consultation

***The Key Guarantees have now ended, please refer to the next phase at the bottom of this page for more information. ***

 Consultation on the council’s proposal to end the Key Guarantees 

Lambeth Council is intending to end the Key Guarantees on the estate renewal sites and where applicable replace it with a landlord offer that residents could then vote to accept or reject.

We would like to hear residents' feedback on this proposal.

 What are the Key Guarantees? 

The Key Guarantees are the council’s offer to secure tenants and council homeowners whose homes are planned for redevelopment under the council’s estate renewal programme. 

 For secure tenants and resident homeowners (those who live in their home on the estate), they make the promise of a new home on the rebuilt estate if they wish to remain, or the opportunity to move off the estate ahead of the redevelopment.  

 Why is the council planning to end the Key Guarantees? 

 Since the council introduced the Key Guarantees in 2015, and updated them in 2017, the Greater London Authority (GLA) (the body that provides funding to councils to build new homes), has introduced a rule that means councils must work with residents who live on estates where demolition is proposed to produce an equivalent of the ‘Key Guarantees’ called a ‘Landlord Offer’. This is then followed by a resident ballot where residents can vote to either accept or reject the terms of the Landlord Offer.  

 What is the difference between the Key Guarantees and a new landlord offer?  

 The main difference would be that you would be able to vote to accept or reject the landlord offer, and the rebuilding of your estate would only proceed if a majority of residents who voted, voted to accept the offer.  

 The idea of a landlord offer is that the landlord works directly with residents of an estate to create an offer than meets the specific needs of those residents. The Key Guarantees are a blanket offer that apply to all estates in the council’s estate renewal programme.  

 Because it would be designed on an estate by estate basis, after resident consultation, it is not possible to confirm what would be included in the new landlord offer, but please be assured that it is a requirement of the GLA funding guide, that any future Landlord Offer must include the promise of a new home for secure tenants and resident homeowners on their rebuilt estate.  

Share your feedback by clicking on the link below by 24 February 2025.